401 K – THE MOST AMAZING MILLION DOLLAR INVESTMENT

Last week I interviewed my young friend Jake and we discussed his family’s primary investments tools, including the 401-K Plan (401-K). The absolute best investment vehicle I and MILLIONS of other Americans utilize is the 401-K. Yet, of the 79% of Americans who have access to fund a 401-K, only 41% participate. Let me explain why 59% are making a huge mistake that will cost them dearly in the future…say ...

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WARREN BUFFETT MAKES $9 BILLION ON APPLE – HOW ABOUT YOU?

BERKSHIRE HATHAWAY MADE BELOW APPLE STOCK PURCHASES • March 2016: Purchased 9.8 million shares • June 2016: 5.4 million shares • December 2016: 42.2 million shares • March 2017: 72 million shares • June 2017: 1 million shares • September 2017: 3.9 million shares • December 2017: 31 million shares Today, I believe Warren Buffett and staff know more about Apple than its Board of Directors (BODs).  Unfortunately, that is not saying much.  As most BOD’s add little value to shareholders.  So who is responsible ...

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BUYING EQUITIES ON SALE!

So you are thinking about buying a new car?  Year-end sales are coming in a few weeks and the car manufacturers will discount thousands of dollars and offer zero interest.  Do you buy at today’s full price or wait?  Personally, I wait for sale prices for clothes, electronics, vehicles, equities, etc.  The stock market gives you sale prices when the market corrects and drops a few percentage points.  This is ...

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My Journey to Becoming a Millionaire.

My journey started when I was about 12.  I was lucky to have two smart and wonderful parents.  Mom taught me the value of savings and compound interest (future blog).  Dad taught me the value of hard work and self-improvement. I remember the day we drove to the bank and opened a savings account.  I was excited because I always enjoyed saving money!!  Mom deposited some money, I think about $25.  And I ...

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Do You Want or Need a Cadillac?

When I was young, there was a house I would notice when riding to my Grandmama’s house.  It was an old wooden structure house, which needed a new paint job and even had cracks in the wood so I could see inside the house. But what stood out, was the brand new four door Cadillac sitting in front of the house.  The house and the land was NOT worth the ...

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